BAT's move comes as ever stricter regulation and growing awareness of health risks squeeze tobacco companies' traditional business, driving declines in cigarette volumes in some markets.
The maker of Lucky Strike and Dunhill cigarettes also pointed to economic challenges in the US, where some inflation-weary consumers are downgrading to cheaper brands, and the rise of illicit disposable vapes putting pressure on its US cigarette division.
These factors contributed to the around 25 billion pound ($31.50 billion) non-cash adjusting impairment charge relating to some US cigarette brands, BAT said. Its Newport, Camel, Pall Mall and Natural American Spirit brands were affected, a spokesperson added.
この記事は Business Standard の December 07, 2023 版に掲載されています。
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この記事は Business Standard の December 07, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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